Course Details: Unique Financing Structures for Ohio School Districts
Target Audiences: School Districts
Category: Public Finance
This course will cover an overview of different financing structures that Ohio School Districts have available including but not limited to UTGO Bonds, LTGO Bonds, COPs, Lease Purchase and TANs.We will also discuss how future Rover Pipeline revenues will affect the District from a budgeting standpoint as well as how the Districts in this region of Ohio can leverage those revenues to construct, renovate or improve school facilities.
The course will provide the Treasurers with a detailed overview of what financing structures the District’s will have available to them including specific debt limits for each specific school district.We will discuss the advantages and disadvantages of each type of debt/lease structure so that the Treasurers have a solid understanding to share with their administration and school boards.We will discuss the Rover Pipeline revenues that many districts in this region received and how the Districts can plan accordingly going forward with this new revenue source.This discussion will include both funding internal funds such as a Capital Improvement Fund and/or a Budget Stabilization Fund as well as how they may be able to leverage the revenues to fund capital expenditures.
Statement of Accreditation Rationale:
In Ohio, School Districts are very limited on how much debt they may issue and how it may be issued.Without knowing the District’s debt limitations, a school district could get in trouble with their Auditors if they issue debt incorrectly.Also, there are specific advantages and disadvantages to issuing different types of debt and leases.Therefore, the goal of this presentation is to share specific debt limitations for each District attending and share with all districts what the advantages and disadvantages are of each.
Many of the school districts in this region are receiving additional revenues from Rover Pipeline which was recently constructed.We will share with the attendees what options they may have with these new-found revenues.These options will include funding internal funds as well as leveraging these funds to allow the District to complete needed capital improvement projects.
Course Details: Investment Tips and Hot Topics
Target Audiences: School Districts
Participants will be provided with various tips and techniques to apply in the investing of public funds. The course will address key factors impacting the current interest rate environment, benefits of cash flow analysis, and assessment of various investment options.
This course will focus on investments and enhance the foundational knowledge of investing public funds. Topics covered will serve to increase the participants overall knowledge of today's interest rate markets and investment options thereby helping participants to construct a proper investment strategy.
Eileen Stanic is a Senior Public Funds Advisor with Meeder Investment Management. She has over 30 years of treasury management and investment management experience including more than a decade of Ohio public funds investment advisory experience. Over the years, she has presented at various Ohio public funds educational seminars and has served as a CPIM instructor. Eileen is a graduate of Cleveland State University where she was the recipient of the Wall Street Journal Award. She is a Certified Treasury Professional (CTP) and a member of AFP, the Association for Financial Professionals. Based in the greater Cleveland area, Eileen is also member of the CFA Institute and the CFA Society of Cleveland.
Since 1974, Meeder Investment Management and its affiliates have provided comprehensive investment solutions to its clients. Meeder provides various investment advisory services to state and local governments in Ohio, as well as administrative and participant services to both STAR Ohio and STAR Plus.